Enhanced Investments - Financial Portal

Ingersoll Rand Publishes 2022 Sustainability Report

Published: 2023-07-17 12:30:00 ET

DAVIDSON, N.C.--(BUSINESS WIRE)-- Ingersoll Rand Inc. (NYSE:IR) published its 2022 Sustainability Report, “Progress Powered by Sustainable Performance” on July 14, 2023, detailing how the company’s sustainability strategy drives two clear and compelling growth paths: advancing customers’ sustainability goals with innovative products and services, as well as supporting customers in high-growth, sustainable end markets through existing products and new product innovation. The report also focuses on the significant sustainability improvements within its own operations.

In addition, this report highlights the seamless integration of Ingersoll Rand’s Lead Sustainably strategic imperative, one of its five core imperatives alongside Deploy Talent, Accelerate Growth, Expand Margins, and Allocate Capital Effectively, into all its other strategies.

Highlights from the Sustainability Report include the company’s successes in:

Providing innovative products and services that offer efficiency, circularity and safety to help customers meet their sustainability goals, and also catering to high-growth, sustainable markets such as renewable energy, water and wastewater management, food and beverage as well as the life sciences sector.
Leveraging the rigorous and disciplined approach of Ingersoll Rand Execution Excellence (IRX) to successfully achieve substantial energy and greenhouse gas (GHG) reductions within its own operations and continue the company’s steady progress toward achieving its 2030 climate, water and waste management targets.
Demonstrating its commitment to employee investment through the implementation of its "Ownership Works" program, providing new employees with a one-time equity grant after one year of service with the company.1
Signaling its commitment to the Science Based Targets initiative (SBTi) by signing the Commitment Letter, which demonstrates its steadfast dedication to defining a path to net-zero emissions by 2050.
Continuing its unwavering commitment to the safety of our employees and contractors as well as its diversity, equity and inclusion (DE&I) goals in the areas of representation, advancement and experience.

“Lead Sustainably is a key strategic imperative integrated throughout the company to help make life better for our employees, customers, shareholders, and our planet,” said Vicente Reynal, chairman, president and chief executive officer of Ingersoll Rand. “We continue to make great progress against our ambitious operational sustainability goals while offering products and services that deliver significant value to our customers through energy efficiency and water reduction. We’re also relentlessly seeking opportunities to support customers in high-growth, sustainable end markets with new innovations and existing products.”

Ingersoll Rand’s 2022 Sustainability Report has been prepared in accordance with the Global Reporting Initiative (GRI) Sustainability Reporting Standards and is aligned with the Sustainable Accounting Standards Board (SASB) requirements, Task Force for Climate Related Financial Disclosures (TCFD) and the U.N. Global Compact framework.

Download and view the full report here.

About Ingersoll Rand Inc.

Ingersoll Rand Inc. (NYSE:IR), driven by an entrepreneurial spirit and ownership mindset, is dedicated to helping make life better for our employees, customers and communities. Customers lean on us for our technology-driven excellence in mission-critical flow creation and industrial solutions across 40+ respected brands where our products and services excel in the most complex and harsh conditions. Our employees develop customers for life through their daily commitment to expertise, productivity and efficiency. For more information, visit www.IRCO.com.

1 Employees must be full time and have one year of service to be eligible. Not available to employees who participate in the company’s management equity program or where prohibited by local law or regulation or where such grant is required to be bargained for with an employee union unless such grant is agreed to as part of such bargaining.

View source version on businesswire.com: https://www.businesswire.com/news/home/20230717299029/en/

Investor Relations: Matthew.Fort@irco.com

Media: Sara.Hassell@irco.com

Source: Ingersoll Rand Inc.

Enhanced Investments, Inc.
329 South Oyster Bay Road #2085
Plainview, NY 11803
team@eninvs.com

Important disclosures

Performance results were prepared by Enhanced Investments, and have not been compiled, reviewed or audited by an independent accountant. Performance estimates are subject to future adjustment and revision. Investors should be aware that a loss of investment is possible. Account holdings are for illustrative purposes only and are not investment recommendations. Additional information, including (i) the calculation methodology; and (ii) a list showing the contribution of each holding to the portfolio’s performance during the time period will be provided upon request.
All statements made via social media sites sponsored or maintained by Enhanced Investments and its affiliates are for informational purposes only and do not constitute a comprehensive description of Enhanced Investments' investment advisory services.
Certain investments are not suitable for all investors. Before investing, consider your investment objectives and applicable fees. The rate of return on investments can vary widely over time, especially for long term investments. Investment losses are possible, including the potential loss of all amounts invested. Information provided by Enhanced Investments is for informational and general educational purposes only and is not investment or financial advice.

Nothing on this website should be considered an offer, solicitation of an offer, or advice to buy or sell securities.
Past performance is no guarantee of future results. Any historical returns, expected returns [or probability projections] are hypothetical in nature and may not reflect actual future performance.
All the strategies assume investments in equity invstrumenta only and are more relevant for "agressive investment profile". Eastern European flagship strategy assumes using up to 20% leverage of total portfolio. GlobalCommodities and US Growth strategy currently assume no leverage.
Results for the Enhanced Investments strategies as compared to the performance of Illustrative Benchmarks is for informational purposes only. Our investment program does not mirror that of the Illustrative Benchmarks and the volatility may be materially different from the volatility of Illustrative Benchmarks. Reference or comparison to an Illustrative Benchmark does not imply that strategies of Enhanced Investments will be constructed in the same way as the Illustrative Benchmark or achieve returns, volatility, or other results similar to those of the Illustrative Benchmark. The S&P 500 is an unmanaged market capitalization-weighted index of 500 common stocks chosen for market size, liquidity, and industry group representation to represent U.S. equity performance.
Performance results were prepared by Enhanced Investments, and have not been compiled, reviewed or audited by an independent accountant. Performance estimates are subject to future adjustment and revision. Investors should be aware that a loss of investment is possible. Account holdings are for illustrative purposes only and are not investment recommendations. Additional information, including (i) the calculation methodology; and (ii) a list showing the contribution of each holding to the portfolio’s performance during the time period will be provided upon request.
All statements made via social media sites sponsored or maintained by Enhanced Investments and its affiliates are for informational purposes only and do not constitute a comprehensive description of Enhanced Investments' investment advisory services.
Certain investments are not suitable for all investors. Before investing, consider your investment objectives and applicable fees. The rate of return on investments can vary widely over time, especially for long term investments. Investment losses are possible, including the potential loss of all amounts invested. Information provided by Enhanced Investments is for informational and general educational purposes only and is not investment or financial advice.